August 13, 2022

Rocky Daily News

Colorado Politics-Sports-Business-Weather

Denver Ballot Question Would Raise Marijuana Taxes for Out-of-School Learning

1 min read

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An initiative proposing that Denver increase recreational marijuana sales taxes to fund out-of-school learning stipends will appear on the November ballot, according to the Denver Elections Division.

The group behind My Spark Denver submitted enough approved signatures to get the proposal on the city’s November 8 ballot. The initiative proposes raising Denver recreational marijuana sales taxes by 4.5 percent in order to subsidize $1,000 stipends that would be distributed to Denver families for learning enrichment programs.

According to proponents of My Spark Denver, the tax hike would collect $22.5 million annually that would serve an estimated 20,000 kids ages five to eighteen. Under the proposal, 0.3 percent of Denver’s current marijuana tax revenue, or around $1.5 million per year,…

Thomas Mitchell

2022-08-06 10:21:00

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